ShaMaran Petroleum Corp. (CVE:SNM - Get Free Report) shot up 10.5% during mid-day trading on Monday . The company traded as high as C$0.21 and last traded at C$0.21. 127,450 shares were traded during mid-day trading, a decline of 54% from the average session volume of 275,301 shares. The stock had previously closed at C$0.19.
ShaMaran Petroleum Trading Up 10.5%
The company has a debt-to-equity ratio of 100.09, a quick ratio of 1.07 and a current ratio of 4.89. The company has a market capitalization of C$420.23 million, a P/E ratio of 5.72 and a beta of 1.14. The company's fifty day simple moving average is C$0.19 and its 200-day simple moving average is C$0.18.
About ShaMaran Petroleum
(
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ShaMaran Petroleum Corp., together with its subsidiaries, engages in the oil and gas exploration and production. It holds interest in the Atrush Block production sharing contract; and in the Sarsang Production Sharing Contract in the Kurdistan region of Iraq. The company was incorporated in 1991 and is headquartered in Vancouver, Canada.
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